RBL Bank has completed its first issuance of Basel III compliant unsecured and subordinated Tier 2 Notes aggregating to US$ 100 million with a tenor of 117 months to United States International Development Finance Corporation DFC Americas development finance institution The Tier 2 issuance increases the Banks Total Capital Adequacy Ratio to 1785Percentage enhancing the Banks overall capital adequacy This is DFCs first investment in Basel III compliant Tier 2 Notes in India
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